Designations

Certified Reserve Planner (CRP)

A Certified Reserve Planner (CRP) is a professional that performs all types of reserve fund planning services for condominiums, non-profit and cooperative housing, institutions, government, public property companies and many other organizations. This planning is essential to provide capital resources for maintaining buildings in safe and good condition. Individuals with this qualification have backgrounds as engineers and engineering technicians/technologists, professional appraisers, quantity surveyors, architects, etc.

To locate a CRP member, go to our search page.

For the Ontario Condominium Act and Regulations. [EN]

Interested in becoming a CRP?

Download the Application and Guidelines

Frequently Asked Questions:

I am already doing reserve fund studies. How does the CRP benefit me?
What information do I need to submit?
What courses do I need to take?
How much does it cost?
How long does it take?

CRP Frequently Asked Questions

1. I am already doing reserve fund studies. How does the CRP benefit me?

If you have a background in building sciences and financial analysis, you are going in the right direction. However, you still need to learn the techniques, procedures and methodology of performing an effective reserve fund study. As provincial governments become more involved in the regulation of condominiums, the CRP designation will give you an added depth of knowledge and ability to conduct a reserve fund study that is recognized across Canada.

2. What information do I need to submit?

Complete the application form; include all your references, non-refundable processing fee, and mail to REIC National. Please be sure to include copies of any documents (e.g. university graduation, course records, transcripts) that will help to expedite your application. Once experience and education requirements are met, you must provide a Certificate of Insurance including a personal liability coverage of not less than one million ($1,000,000) per occurrence before the designation can be granted.
Your professional experience is reviewed, your references are contacted, and a chapter interview is conducted, usually at your place of business.
The Admissions Department will confirm your candidacy in writing. The designation requirements must be completed within five years from the date your candidacy is approved.

3. What courses do I need to take toward the CRP?

The full curriculum for the CRP consists of:

REIC 2600: Ethics & Business Practice
IRES 2300: Introduction to Reserve Fund Studies and Management
IRES 2310: Building Construction and Systems
IRES 2320: Building Costing and Life Span Analysis
IRES 2330: Reserve Fund Financial Fundamentals
IRES2340: Reserve Fund Case Study

4. How much does it cost?

The non-refundable processing fee is $250.00 plus GST/HST. Chapter dues are set individually, and some may charge GST/HST. Candidates pay national fees of $399.00 per year plus GST/HST (effective January 1, 2009). These fees are pro-rated from the time a candidacy is approved for the current year (January-December). Candidates pay a lower fee than non-candidates for the courses. See the course schedule for details.

5. How long does it take?

Once your candidacy has been approved you have five years to obtain your CRP.

Ready to start?

Send us a message at designations@reic.com. Or call us at 416-695-9000 or toll free within Canada at 1-800-542-REIC (7342).